21-23 Lake St, Webster MA 01570

Webster, MA 01570
$1,100,000
Est. $6,668/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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12
Beds
10
Baths
8,350
Sq Ft
$132
Price/Sq Ft
0.31
Acres
1988
Year Built
15
Parking
New today
Time on Market
For Sale Open House Listed Oct 21, 2026 • MLS# 73593164 Copied! • Updated Oct 21, 2026

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Open House Schedule

24
Oct
Saturday, October 24
11:00 AM - 1:00 PM EDT

About this home

Rare opportunity to add 10 units to your investment portfolio in Webster, Massachusetts! This property consists of two buildings—a 4-unit and a 6-unit—with shared off-street parking. Large multifamily properties of this size rarely become available in Worcester County.The 4-unit building features oil heat with separate oil tanks and boilers for each unit, individually metered electric, and a dedicated landlord electric meter. The 6-unit building is 100% electric, with individually metered electric and a dedicated landlord meter. Major capital improvements include newer roofs and heating equipment. An excellent opportunity for investors seeking a substantial multifamily asset with long-term potential. Two units will be delivered vacant, offering flexibility for immediate improvements and occupancy.**Investor walkthrough Saturday, October 24th, from 11 AM–1 PM.** Don't miss this opportunity to acquire a 10-unit investment property in Worcester County!

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 21, 2026
$1,100,000
Original listing
Office: Byrnes Real Estate Group LLC

Tax History

Year Taxes Assessment
2026 $10,867 $911,700

Financial Details

Annual Property Tax
$10,867
Tax Year 2026
Assessed Value
$911,700

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1988
Living Area 8,350 sq ft
Lot Size 0.31 acres
Stories 2
Bedrooms 12
Full Baths 10
Total Rooms 36

Investment Metrics

Units 10
Unit 1 Rent $850/mo · Y
Unit 2 Rent $1,100/mo · Y
Total Monthly Rent $1,950/mo
Gross Income $165,000
Net Operating Income $118,100
Operating Expenses $39,220
Water/Sewer Expense $4,000
Electric Expense $720
Insurance Expense $9,000
Cap Rate 10.74%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Unfinished
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive, Off Street
Total Spaces 15
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $10,867
Assessed Value $911,700
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Buyer And Buyers Agent Are Responsible For Conducting Their Own Due Diligence And Verifying All Information.
Exclusions Tenant-Owned Items.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures 1988 & 1880 year built
Documents None
County Worcester

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1988
Bedrooms
12
Full Bathrooms
10
Living Area
8,350 sq ft
Total Rooms
36
Stories
2
Levels
2

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1988
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter, Stone
Stories: 2

Utilities & Systems

Heating:
Cooling:
Hot Water: Electric
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 15
Parking Features: Paved Drive, Off Street
School District
Webster School District local
F
⚠ School Safety 2024-25
8.0% Above Average
8.0% Suspensions 3.6% In-School
↑ 2.5% above state avg
E

Elementary Schools

4 schools
All Saints Academy - St. Louis Campus
0.1 mi
Grades PK-08
St. Joseph School
0.2 mi
Grades PK-08
Life Skills Inc. - South Central Residential
0.4 mi
Grades PK-12
C+
Park Avenue Elementary School
0.6 mi | #542 of 825 | Score: 43.4
Improved 209 spots from last year
-14.8 below state avg
752 students Diverse
Rising School Diverse Student Body
Grades PK-04
M

Middle Schools

1 school
D
Webster Middle School
0.6 mi | #326 of 352 | Score: 28.8
Improved 2 spots from last year
-29.4 below state avg
547 students Diverse
Diverse Student Body
Grades 05-08
H

High Schools

1 school
C-
Bartlett High School
0.7 mi | #307 of 346 | Score: 36.9
Improved 28 spots from last year
-21.3 below state avg
437 students Diverse
13 sports • 512 athletes
Rising School Career Tech Programs Diverse Student Body
Grades 09-12
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Monthly Payment Calculator

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Loan Amount
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $906
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

21-23 Lake St, Webster MA 01570

Webster, MA 01570

Listing Information

Listing Agent John Lesack
Listing Office Byrnes Real Estate Group LLC
Office Phone 833-429-7637
Agent MLS ID CN253606
Office MLS ID AN7224
Listing Data Updated Oct 21, 2026 5:44 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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